An evaluation of state-subsidized, firm-based training

State-subsidized, firm-based training is an increasingly popular strategy used by state governments in the USA to encourage the economic growth of firms by upgrading the skills of employees. In 1999, 47 of the 50 states provided cash-assistance totalling $600 million to employers to assist them in u...

Full description

Saved in:
Bibliographic Details
Published inInternational journal of manpower Vol. 24; no. 1; pp. 97 - 111
Main Authors Van Horn, Carl E., Fichtner, Aaron R.
Format Journal Article
LanguageEnglish
Published MCB UP Ltd 01.02.2003
Subjects
Training
Development
Workforce
USA
Economic conditions
Online AccessGet full text

Cover

More Information
Summary:State-subsidized, firm-based training is an increasingly popular strategy used by state governments in the USA to encourage the economic growth of firms by upgrading the skills of employees. In 1999, 47 of the 50 states provided cash-assistance totalling $600 million to employers to assist them in upgrading the skills of current or new employees. A comprehensive two-year evaluation of one of the larger programs in the USA, the State of New Jersey's Workforce Development Partnership Program, concludes that such programs can help businesses remain competitive, contribute to the state's tax base and offer expanded employment opportunities for firm employees. As governments and private companies throughout the world search for the most effective ways to encourage economic growth, state-subsidized, firm-based training programs can form an important element of successful strategies for human and economic development.
ISSN:0143-7720
1758-6577
DOI:10.1108/01437720310464990